The World Celebrates USD Decline

The Trump/Fed/Treasury/Taxpayer backed reflation parlor trick known as currency devaluation does not only benefit the reflation sensitive US sectors (Materials, Industrials, Financials, etc.), it also benefits much of the world’s asset markets. The ratio of ACWX (World ex-US) to SPY is usually in line with inverse USD. Lately it has under performed but appears to have some catching up to do. In other words, global … Continue reading The World Celebrates USD Decline

GaryJune 3, 2020June 3, 2020

NFTRH+, Stock Market, Global

What NFTRH+ Does (e.g. TSM)

NFTRH+ has been designated as tier 2 in the updating system, whereas tier 1 is for more detailed or higher priority updates and tier 3 is just brief notes (and an occasionally chart) added to the Trade Log Notes page. Tier 1 updates are posted and emailed directly to subscribers and Tiers 2&3 updates are posted here at the site and announced on Twitter (@NFTRHgt). … Continue reading What NFTRH+ Does (e.g. TSM)

GaryJune 3, 2020June 3, 2020

Pot, Stock Market, Global

Pot Sector Gets Bid

5.19.20 Trade Log, Pot stock APHA was added. 5.19.20: Added APHA on today’s pullback to set foot back into the Pot patch. 5.20.20 Trade Log, CBD stock CWBHF was added. 5.20.20: Added CWBHF to pot related positions (GWPH & APHA). I thought it was time to try to bottom feed and probably lose some money in the Pot sector, but as luck would have it … Continue reading Pot Sector Gets Bid

GaryMay 22, 2020May 22, 2020

Stock Market, Global

CRSP: Story Stocks Have Their Place

And in this story stock’s case that place is in a booked profit of 27%. Sure, the pattern targets higher levels. But as the Trade Log noted… I am taking the 27% profit in hand in CRSP rather than wait for some future story stock profit in the bush. Raising cash. And that cash raising is ongoing. Profits – including in the gold sector – … Continue reading CRSP: Story Stocks Have Their Place

GaryMay 21, 2020

Stock Market, Global

Teck Resources, chart opinion

A subscriber requested an opinion on the chart of TECK/B.TO and so I thought I’d post it here, this being in large part a TA website and all. The daily chart has the potential to bounce like so many other beat downs. RSI and MACD are fairly constructive for that. But that is where the positives end. It has thus far halted at the EMA … Continue reading Teck Resources, chart opinion

GaryApril 6, 2020April 6, 2020

Stock Market, Global

So Who’s Pumping GWPH?

Who’s pumping GW Pharmaceuticals? Anyone? Don’t know, don’t care. It’s another 13.5% tacked on to a previous profitable seasonal bottom feed trade. It’s a market that is re-developing its high risk profile and profit taking is part of risk management. I’ve already sold two newsletter pumps in the last week and I can’t find a publicly available reason for this. So… thank you sir. That … Continue reading So Who’s Pumping GWPH?

GaryFebruary 7, 2020

Stock Market, Global

There Goes China…

One week it is Trump tweeting, another it is India reflating, another it is the Fed talking about permissiveness on inflation, another it’s China stimulating… and so on. This time it’s that last thing, and it is serving to drive the China A-Shares and Large Caps up through the resistance we noted in NFTRH 582 a couple weeks ago, along with upside targets. Weekly charts… … Continue reading There Goes China…

GaryJanuary 2, 2020January 2, 2020

Stock Market, Global

Man Stares at the Weekly Chart of TSX-V

Here is a not so well kept secret. I am far from a genius. Here is another secret, I benefit from serving one of the most astute subscriber bases imaginable. I benefit because I am always accessible to subscribers as I ask each week for any feedback, questions or critiques they may have. I get all of those things and the interactions are one of … Continue reading Man Stares at the Weekly Chart of TSX-V

GaryJanuary 1, 2020

Stock Market, Global

In Keeping With the Season, da VEE Parties On… to Target #2!

Okay, by now you’ve guessed that I am not doing much of anything on New Year’s eve.* I mean who is out here posting financial stuff on a night of such revelry anyway, eh? Well, those of us who don’t now and never have in our lives ever reveled, that’s who. The ‘V’ just about doinked the second target today (plotted in #582 1.5 weeks … Continue reading In Keeping With the Season, da VEE Parties On… to Target #2!

GaryDecember 31, 2019December 31, 2019

Stock Market, Global, Stock Market, US

Putting the Lie to the Latest Trump Pump

For a little comic relief, here’s our Cheerleader-In-Chief. Sure Mr. President, but it’s not just a Great America thing. US stocks have declined vs. Russian stocks for over a year now. Great America made its high vs. Europe a year ago. America made its high against China A-Shares over a year ago. US made its high against Japan back in August. Vs. India over a … Continue reading Putting the Lie to the Latest Trump Pump

GaryNovember 4, 2019November 4, 2019

Stock Market, Global

Mother Russia Could Soon Be US’s Daddy

I am holding ERUS as an early mover in the anti-USD global market out performance sweepstakes (if the Q4 2018 2019 or H1 2020 view is correct in its various viewpoints). I’ve traded ERUS a few times but managed to successfully stay positioned at the right times. The ETF is at top (weekly chart) and the its relation to SPY is at bottom. Russia has … Continue reading Mother Russia Could Soon Be US’s Daddy

GaryNovember 1, 2019November 1, 2019

Stock Market, Global

To Trump Supporters Who Are Also Investors…

Happy now? Well congratulations, if the reports are true Trump is now trying to take over free market forces with protectionism going steroidal. I hold BABA and so I am doubly irritated by this. But those investors emailing me to ease up on Trump because of all the good he’s done might just want to consider the bad he’s doing as well. Stock market hits … Continue reading To Trump Supporters Who Are Also Investors…

GarySeptember 27, 2019

Stock Market, Global

Global Views Beneath the Surface of Things

A few charts taking a look at some some hidden global macro views. The weekly chart of ACWX & inverse USD tells you all you need to know about the strong reserve currency and relative global stock impairment. When you look at this you realize that Trump is in effect trying to help global stocks more than US stocks when he beats on Jerome Powell … Continue reading Global Views Beneath the Surface of Things

GarySeptember 25, 2019

Stock Market, Global

India: A Long Way From Rajan

I used write once in a while about the economically austere and sensible former Indian Central Bank Chief, Raghuram Rajan. He was essentially pushed out by the Modi government, which had other ideas for goosing the economy. Today’s result? A 6.5% burst in the India iShares INDY. It was important because… this… From NFTRH 568 using the weekly chart of BSE above: “So far the … Continue reading India: A Long Way From Rajan

GarySeptember 20, 2019